The London Fish ExchangeData / Market Insight / News
LFEX European Aquaculture Snapshot to 17th February, 2022
Published: 18th February 2022
This Article was Written by: John Ersser
Another huge jump this week in the market. The LFEX Norwegian Exporters index was up 9.57%, +8.13 NOK at 93.04 NOK FCA Oslo Week 7 ending Thursday vs previous Thursday price.
The NOK was +0.4% weaker to the Euro +0.04 at 10.13 NOK over the period Thursday to Thursday and the Fish Pool future February also climbed +6.25 to 81.25 NOK, +8.33% better over the same period.
Despite a huge jump in week 6, prices opened at 94.97 for week 7, up 11.81% from the previous week close, and then carried on, to peak at 95.92 on Monday, the 9 Euro level easily surpassed. Pricing trickled down 2.88 NOK by week-end Thursday. Same story as last week with lack of export quality fish available for sale, poor weather and buyers chasing fish continue to drive pricing. Buyers holding back a little at the end of the week, expectations are still high for next week.
Market Data (Click Each to Expand)
|LFEX Prices||FX Rates||LFEX Indicative Exporter Prices (4 Week)||EUR / NOK FX Rate (4 Week)|
Prices Ending 17th February, 2022
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